41.24 USD
+0.15 (+0.37%)
41.24 USD
0 (0%)
BSY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 280 industry peers in the Software industry. BSY has an excellent profitability rating, but there are concerns on its financial health. BSY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BSY had positive earnings in the past year.
BSY had a positive operating cash flow in the past year.
In the past 5 years BSY has always been profitable.
BSY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BSY has a Return On Assets of 7.77%. This is in the better half of the industry: BSY outperforms 79.29% of its industry peers.
BSY has a Return On Equity of 22.53%. This is amongst the best in the industry. BSY outperforms 88.57% of its industry peers.
The Return On Invested Capital of BSY (10.86%) is better than 85.36% of its industry peers.
BSY had an Average Return On Invested Capital over the past 3 years of 8.00%. This is below the industry average of 11.97%.
The last Return On Invested Capital (10.86%) for BSY is above the 3 year average (8.00%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROIC | 10.86% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
1.3 Margins
Looking at the Profit Margin, with a value of 18.44%, BSY belongs to the top of the industry, outperforming 81.79% of the companies in the same industry.
BSY's Profit Margin has improved in the last couple of years.
BSY has a better Operating Margin (24.23%) than 89.29% of its industry peers.
BSY's Operating Margin has improved in the last couple of years.
The Gross Margin of BSY (81.20%) is better than 85.36% of its industry peers.
In the last couple of years the Gross Margin of BSY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% |
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BSY is creating some value.
The number of shares outstanding for BSY has been increased compared to 1 year ago.
BSY has more shares outstanding than it did 5 years ago.
BSY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.94 indicates that BSY is not in any danger for bankruptcy at the moment.
BSY's Altman-Z score of 3.94 is fine compared to the rest of the industry. BSY outperforms 66.79% of its industry peers.
BSY has a debt to FCF ratio of 2.71. This is a good value and a sign of high solvency as BSY would need 2.71 years to pay back of all of its debts.
BSY has a Debt to FCF ratio of 2.71. This is in the better half of the industry: BSY outperforms 65.71% of its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that BSY has dependencies on debt financing.
BSY has a Debt to Equity ratio of 1.04. This is in the lower half of the industry: BSY underperforms 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 3.94 |
ROIC/WACC1.03
WACC10.5%
2.3 Liquidity
A Current Ratio of 0.61 indicates that BSY may have some problems paying its short term obligations.
The Current ratio of BSY (0.61) is worse than 91.07% of its industry peers.
BSY has a Quick Ratio of 0.61. This is a bad value and indicates that BSY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.61, BSY is doing worse than 91.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.49% over the past year.
The Earnings Per Share has been growing by 12.41% on average over the past years. This is quite good.
Looking at the last year, BSY shows a quite strong growth in Revenue. The Revenue has grown by 11.12% in the last year.
BSY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.93% yearly.
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
3.2 Future
BSY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.99% yearly.
The Revenue is expected to grow by 9.16% on average over the next years. This is quite good.
EPS Next Y13.62%
EPS Next 2Y12.64%
EPS Next 3Y13.4%
EPS Next 5Y14.99%
Revenue Next Year10.02%
Revenue Next 2Y10.2%
Revenue Next 3Y10.27%
Revenue Next 5Y9.16%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 35.86, the valuation of BSY can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as BSY.
Compared to an average S&P500 Price/Earnings ratio of 25.98, BSY is valued a bit more expensive.
BSY is valuated quite expensively with a Price/Forward Earnings ratio of 30.38.
BSY's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, BSY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.86 | ||
| Fwd PE | 30.38 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BSY indicates a somewhat cheap valuation: BSY is cheaper than 68.57% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BSY indicates a somewhat cheap valuation: BSY is cheaper than 72.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.21 | ||
| EV/EBITDA | 32.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BSY has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BSY's earnings are expected to grow with 13.40% in the coming years.
PEG (NY)2.63
PEG (5Y)2.89
EPS Next 2Y12.64%
EPS Next 3Y13.4%
5. Dividend
5.1 Amount
With a yearly dividend of 0.70%, BSY is not a good candidate for dividend investing.
The stock price of BSY dropped by -25.89% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 51.73, BSY pays a better dividend. On top of this BSY pays more dividend than 89.29% of the companies listed in the same industry.
With a Dividend Yield of 0.70, BSY pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
5.2 History
BSY has been paying a dividend for over 5 years, so it has already some track record.
BSY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
BSY pays out 30.41% of its income as dividend. This is a sustainable payout ratio.
DP30.41%
EPS Next 2Y12.64%
EPS Next 3Y13.4%
41.24
+0.15 (+0.37%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners45.02%
Inst Owner Change3.58%
Ins Owners40.36%
Ins Owner Change-2%
Market Cap12.52B
Revenue(TTM)1.46B
Net Income(TTM)269.25M
Analysts77
Price Target59.42 (44.08%)
Short Float %5.98%
Short Ratio4.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Yearly Dividend0.24
Dividend Growth(5Y)N/A
DP30.41%
Div Incr Years2
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.45%
Min EPS beat(2)-2.54%
Max EPS beat(2)11.45%
EPS beat(4)2
Avg EPS beat(4)4.67%
Min EPS beat(4)-4.04%
Max EPS beat(4)13.82%
EPS beat(8)5
Avg EPS beat(8)9.68%
EPS beat(12)9
Avg EPS beat(12)11.56%
EPS beat(16)13
Avg EPS beat(16)13.89%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-0.85%
Max Revenue beat(2)0.63%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)0.63%
Revenue beat(8)3
Avg Revenue beat(8)-0.85%
Revenue beat(12)6
Avg Revenue beat(12)-0.02%
Revenue beat(16)8
Avg Revenue beat(16)0.08%
PT rev (1m)-1.9%
PT rev (3m)-1.89%
EPS NQ rev (1m)-2.63%
EPS NQ rev (3m)-3.39%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)-1.29%
Revenue NQ rev (3m)-1.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.86 | ||
| Fwd PE | 30.38 | ||
| P/S | 8.58 | ||
| P/FCF | 27.21 | ||
| P/OCF | 26.17 | ||
| P/B | 10.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 32.27 |
EPS(TTM)1.15
EY2.79%
EPS(NY)1.36
Fwd EY3.29%
FCF(TTM)1.52
FCFY3.67%
OCF(TTM)1.58
OCFY3.82%
SpS4.81
BVpS3.94
TBVpS-4.6
PEG (NY)2.63
PEG (5Y)2.89
Graham Number10.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROCE | 13.59% | ||
| ROIC | 10.86% | ||
| ROICexc | 11.6% | ||
| ROICexgc | N/A | ||
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% | ||
| FCFM | 31.52% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
ROICexc(3y)8.22%
ROICexc(5y)11.91%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10%
ROCE(5y)13.18%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y4.29%
ROICexc growth 5Y-15.93%
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | 27.71% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 32.41 | ||
| Cash Conversion | 113.9% | ||
| Profit Quality | 170.89% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.94 |
F-Score8
WACC10.5%
ROIC/WACC1.03
Cap/Depr(3y)27.47%
Cap/Depr(5y)32.2%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.72%
Profit Quality(3y)148.6%
Profit Quality(5y)185.51%
High Growth Momentum
Growth
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
EPS Next Y13.62%
EPS Next 2Y12.64%
EPS Next 3Y13.4%
EPS Next 5Y14.99%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
Revenue Next Year10.02%
Revenue Next 2Y10.2%
Revenue Next 3Y10.27%
Revenue Next 5Y9.16%
EBIT growth 1Y22.88%
EBIT growth 3Y18.11%
EBIT growth 5Y17.09%
EBIT Next Year15.98%
EBIT Next 3Y15.8%
EBIT Next 5Y10.9%
FCF growth 1Y34.82%
FCF growth 3Y15.91%
FCF growth 5Y22.26%
OCF growth 1Y30.85%
OCF growth 3Y14.76%
OCF growth 5Y20.58%
BENTLEY SYSTEMS INC-CLASS B / BSY FAQ
Can you provide the ChartMill fundamental rating for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a fundamental rating of 5 / 10 to BSY.
What is the valuation status of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
ChartMill assigns a valuation rating of 4 / 10 to BENTLEY SYSTEMS INC-CLASS B (BSY). This can be considered as Fairly Valued.
Can you provide the profitability details for BENTLEY SYSTEMS INC-CLASS B?
BENTLEY SYSTEMS INC-CLASS B (BSY) has a profitability rating of 8 / 10.
What is the earnings growth outlook for BENTLEY SYSTEMS INC-CLASS B?
The Earnings per Share (EPS) of BENTLEY SYSTEMS INC-CLASS B (BSY) is expected to grow by 13.62% in the next year.
How sustainable is the dividend of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The dividend rating of BENTLEY SYSTEMS INC-CLASS B (BSY) is 4 / 10 and the dividend payout ratio is 30.41%.